(Source: Shutterstock.com)
Texas-based energy technology manufacturer Generac Power Systems has completed the acquisition of a division of SunGrid Solutions Inc., PowerPlay Battery Energy Storage Systems, for an undisclosed amount on June 26.
SunGrid Solutions is an engineering, procurement and construction company for energy storage. PowerPlay provides turnkey battery energy storage system solutions for commercial and industrial projects up to 7 megawatt-hours.
PowerPlay will continue operations in Cambridge, Canada. Generac will also integrate PowerPlay as a research and development facility for Generac’s BESS solutions.
The acquisition allows Generac to provide “a more complete ecosystem of products and solutions to domestic commercial & industrial customers," said Aaron Jagdfeld, president and CEO of Generac.
Terms of the deal were not disclosed in Generac’s June 27 press release.
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